Melbourne reports record trade year

Ian Ackerman

A TOTAL of 95m revenue tonnes was reported at the Port of Melbourne during 2017/18, the strongest trade growth in six years, according to management.

Figures just released showed total container of 2.93m TEU, a record financial year.

This was made up of 1.35m full TEU imports, 966,000 full export TEU and 611,00TEU empties.

Motor vehicles (commercial and passenger) moved through the port were up 8% on 2017 to 7,361,492 revenue tonnes or 449,453 units.

Meanwhile total trade throughput for June 2018 finished 4.1% above June 2017 with all cargo types recording gains with the exception of liquid and dry bulks.

Total container throughput (full + empty) for June 2018 rose 5.5% over the same month last year to a total of 238,311 containers, resulting in total container throughput for 2017-18 being 8.6% above 2016-17.

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Total container imports for the month recorded a 6.8% rise and total exports gained 4.3%.